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Dainelle Scott

Team Owner | Rise Property Group | Keller Williams Boerne | PLACE

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2226 Pinn Rd , San Antonio, TX 78227
$225,000
Est. Payment: $500.00/mo
8 Bed
4 Bath
4028 Sqft
Status: Pending | Days on site: 9
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House Description

Investor opportunity! This ~4,028 SF fourplex offers spacious 2-bedroom/1-bath units averaging roughly 1,000 SF each on a 0.34-acre site, providing substantial upside for an investor ready to complete repairs and return the property to productive use. Current market rent potential is estimated at approximately $1,000 per unit plus utility reimbursements, creating the opportunity for approximately $48,000 in annual base rental income once stabilized. The property is currently vacant and being offered as-is, with known deferred maintenance including foundation movement, roof replacement, HVAC replacement and unit make-ready repairs; utilities are currently off and buyers should perform their own due diligence regarding condition and repair scope. Interior unit renovation appears relatively limited compared with the major exterior and mechanical work, giving an experienced renovation buyer a head start. Separate electric meters, central HVAC, brick construction and large two-bedroom floor plans provide a solid foundation for repositioning the asset. This is an opportunity to acquire four rental units at an attractive basis and force appreciation through renovation, lease-up and improved operations.

Highlights

Listed by Stephen Guzek , (210) 317-1179 Lifestyles Realty Central Texas Inc , (210) 317-1179.

Property Type

Multi-Family

Lot/Acreage
0.34

Year Built

1985

County

Bexar

Area

0700

Neighborhood

Meadowcliff

School District

Northside

Listing ID

2014253

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:4
Air Cond:Unit Central
Fireplaces:
Floor:Vinyl
Water:SAWS

Exterior Features

Zoning:MF-33
Roof:Composition
Others:
  • Additional:Brick
Principal Interest
$500
Taxes
$573

Home Price

$225,000

Loan Details

30 yrs
%

Down Payment

20%
$45,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$500.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $500.00 $572.58 $0.00 $1,072.58
Yearly $6,000.00 $6,871.00 $0.00 $12,871.00
Total $180,000.00 $206,130.00 $0.00 $386,130.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (San Antonio, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.